204 Central Avenue AVE, Suffolk, VA 23434
204 Central Avenue AVE, Suffolk, VA 23434
204 Central Avenue AVE, Suffolk, VA 23434
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$245,000
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2,200 SqFt
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204 Central Avenue AVE Suffolk, VA 23434

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Tein Hlwa

Tein Hlwa

+1(757) 349-1138

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $111

Subdivision Old Town Suffolk

MLS Listing ID 10656924

Style Over/Under

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,151

Lot Size 2200.000 Acres

Property Sub-Type Duplex

Property Description

Discover an excellent investment opportunity at 204 Central Avenue in Suffolk! This over-under duplex features two spacious 3-bedroom, 1-bath units, each offering approximately 1,100 square feet of living space. Both units feature inviting front porches, while the property offers a carport, large driveway, and a generously sized storage shed with two separate sections. Both units are tenant-occupied, with current monthly rents of $1,325 and $1,400, generating a combined $2,725 in monthly rental income. One unit is leased through March 31, 2027, while the other is on a month-to-month tenancy. Tenants are responsible for all utilities.

Additional Investment Opportunity: This property is part of a four-duplex investment portfolio, with each property available for individual purchase. The seller will also consider package offers. Additional properties include 1725/1727 Prentis Avenue, Portsmouth (MLS# 10656902) offered at $260,000; 1622 Prentis Avenue, Portsmouth (MLS# 10656915) offered at $250,000; and 1551 Spruce Street, Norfolk (MLS# 10656917) offered at $280,000. This property, 204 Central Avenue (MLS# 10656924), is offered individually at $245,000. Purchase all four duplexes at a discounted package price of $1,000,000! An opportunity to expand your rental portfolio with multiple income-producing properties across Hampton Roads.

Location

State VA

County Suffolk

Area 62 - Central Suffolk

Zoning URBAN

Interior

Hot Water Electric

Exterior

Fence None

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Building

Lot Description Shed

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Hillpoint Elementary

Middle Schools King`S Fork Middle

High Schools Kings Fork

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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Listed by Coastal Group Inc.

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Tein Hlwa

Tein Hlwa

Team Leader License ID: 0225242187

+1(757) 349-1138

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